NOT LISTED FOR SALE

240 Arrowood Way Unit 16240 Basking Ridge, NJ 07920

Estimated Value: $507,648 - $571,000

2 Beds
2.5 Baths
1,388 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $360,000 $259 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,020/month

77 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Liberty Corner Elementary School Rated A
  • Cathedral Ceiling
  • Loft

About This Home

As of June 2017

Overlooking the pool, pond and tennis court this townhouse gives you a very private setting to enjoy your deck, offered in Immaculate condition, hardwood floor in living room with a wood mantle on fireplace, dining room hardwood floor, kitchen tile floor and ceiling fan, Master Bedroom with ceiling fan and two closets. Full unfinished basement and 1 car attached garage.Easy commute into New York City by train, bus, or drive. Verizon Fios is already installed in the home. The front door screen/storm door in as is condition. American Home Shield warranty comes with the home-One time Cap Fund Fee $700, 1 month maintenance of $370 in advance.

Last Listed By

MARLENE BUCCAFUSCO

RE/MAX PREMIER Listed on: 02/20/2017

RE/MAX PREMIER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,483

Year Built

  • Built in 1993

Lot Details

  • 1,133

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09001-0000-00016-0015-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area
  • $740 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,483

Year Built

Built in 1993

Lot Details

0

HOA Fees

$370 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • County Name: Somerset
  • Street Number Display: 240
  • Directions: Valley Rd to The Cedars to right at stop on to Arbor to left on to Arrowood to #240 on left
  • I D: 4690069
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: The Cedars
  • First Name: MARLENE
  • First Name3: JILL A.
  • Last Name: BUCCAFUSCO
  • Last Name3: SKIBINSKY
  • Office Phone3: 908-233-6841
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Skylight, Cathedral Ceiling
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x10
  • Kitchen Level: First
  • Living Room Dim: 16x12
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Dim: 20x12
  • Level 1 Rooms: Kitchen, Powder Room, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, Loft, 2 Bedrooms, Powder Room, Bath Main
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop, Common

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Kitchen Facilities
  • Association Maintenance Fee: 370
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area
  • Home Warranty: Yes

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 740

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: common
  • Assessed Improvement Value: 157300
  • Assessed Land Value: 175000
  • Assessment: 332300
  • Easement: Unknown
  • Lot Identifier: 16.15
  • Lot I D Tax: *

Rental Info

  • Application Fee: 400
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6483
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09001-0000-00016-0015-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
Jun 22, 2017
Sold by
Badcock Tracy A
Bought by
Atta Sharon M
Seller's Agent
MARLENE BUCCAFUSCO
RE/MAX PREMIER
Buyer's Agent
Jill Skibinsky
COLDWELL BANKER REALTY
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Total Days on Market
77
Current Estimated Value
$540,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,412
Avg. Annual Appreciation
5.28%
Original Mortgage
$324,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2010
Sold by
Mcsulla Gregory C
Bought by
Badcock Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,254
Interest Rate
4.24%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2007
Sold by
Walsh Ethna Barry and Walsh Dermot Barry
Bought by
Mcsulla Gregory C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Prudential Residential Service
Bought by
Walsh Ethna Barry and Walsh Dermot Barry

Purchase Details

Closed on
Oct 25, 2004
Sold by
Schulte Pamela L
Bought by
Prudential Residentail Service

Purchase Details

Closed on
Jun 16, 1998
Sold by
Macdougal Michael J
Bought by
Schulte David J and Schulte Pamela L

Purchase Details

Closed on
Apr 23, 1998
Sold by
Macdougal Frank B
Bought by
Macdougal Michael J

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Atta Sharon M $360,000 Westcor Land Title Ins Co
Badcock Tracy A $345,000 First American Title Ins Co
Mcsulla Gregory C $365,000 None Available
Walsh Ethna Barry $397,000 --
Prudential Residentail Service $397,000 --
Schulte David J $188,500 --
Macdougal Michael J $73,107 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atta Sharon M $313,567
Closed Atta Sharon M $313,567
Closed Atta Sharon M $324,000
Previous Owner Badcock Tracy A $336,254
Previous Owner Mcsulla Gregory C $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $360,000 -4.0% $259 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $375,000 -- $270 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,849 $441,200 $175,000 $266,200
2023 $7,536 $399,600 $175,000 $224,600
2022 $7,694 $382,600 $175,000 $207,600
2021 $7,356 $348,700 $175,000 $173,700
2020 $6,998 $334,200 $175,000 $159,200
2019 $6,814 $335,000 $175,000 $160,000
2018 $6,709 $334,600 $175,000 $159,600
2017 $6,538 $328,700 $175,000 $153,700
2016 $6,483 $332,300 $175,000 $157,300
2015 $6,229 $325,100 $170,000 $155,100
2014 $6,316 $326,600 $175,000 $151,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3365732

Garden State MLS

APN: 02-09001-0000-00016-15-CONDO